European Stars And Stripes (Newspaper) - April 2, 1989, Darmstadt, Hesse                                Sunday april 2, 1989 the stars and stripes Page 5 Trump Eastern reaffirm shuttle Deal by he new York times the Texas air corp. And Donald a Trump the new York real estate Developer said Friday they had reached an agreement under which Trump would Blythe Eastern airlines shuttle or s365 million the amount Origi Nally agreed to last octo Ber. Trump had sought to reduce the Price after Eastern was crippled by a strike. The Sale must Slid be approved by Federal bankruptcy court which Donald j. Trump has had jurisdiction since Texas air Eastern s Parent company took the Trou bled airline into chapter 11 bankruptcy March 9.Trump agreed to pay the original Price after Eastern increased Trie number of Boeing 727 aircraft in the Deal regulators seize 2 Money losing West coasts is los Angeles not signalling an increased willingness to crack Down on troubled savings and loan companies before their problems get Oul of control Federal regulators Friday seized two Money losing but solvent savings institutions the Federal Home loan Bank Board and the Feder Al Deposit insurance corp. Said they had taken control of Gibraltar savings of Beverly Hills Calif., and Gibraltar savings , of Bill clue Wash. The institutions Are the primary subsidiaries of the Gibraltar financial corp., which is based in Beverly Hills and arc the first solvents is to be placed  under the Bush administration s plan to stabilize the Industry. Regulators in Trie past have concentrated on solving the problems of the More than 500 savings institutions Wrose capital Levels have fallen below the required minimum. V Gibraltar savings of Beverly Hills has assets of $13,4 billion while Gibraltar savings of Bel Tchue has assets of si.7 billion Gibraltar financial said it had been caught off guard by the action despite a previous finding by the Federal Home loan Bank of san Francisco that its financial condition was unsafe and  in a Sale mint James n. Thayer Gibraltar Finan cial1 chairman and. Chief executive officer confirmed thai he had been removed As head of the savings an loan subsidiaries but said he would keep his Job As head of the Parent company. " although the Gibraltar institutions have More Capi Tal than is required by regulators they were seized because. They were operating in an unsafe and in sound condition and had substantially dissipated their assets he Bank Board said in a statement. Martha Gra Vlco a spokeswoman for the Odic said the California Libra Lars a is the largest institution Ever to by placed in a conserva worship Der cutly under the management of Federal  largest institution previously seized under the Bush administration s plan was Bright savings of dal Las with assets of $1.6 billion she said. Aussies bid $ 1 billion for United artists Beverly Hills Calif. A an australian entertainment company has agreed to buy United artists for j t Bill Ion it was announced late Friday the agreement Between the quintet group of Australia and Mem a communications co s control Ling shareholder Kirk Krkorian is subject to unspecified approvals according 10 a joint announcement by the two companies the Deal would give Quinley most of the assets of. Mem a including rights to the Oscar winning movie rain Man 1 and 4,000 other films including the James Bond and Pink Panther series. Under the agreement Kerkorian would retain rights to the Mem Iiames and the roaring lion trademark 34 Mem movies made since june 1986, 1,750 hours of television programming and the Mem Headquarters building in Beverly Hills. From 17 to 21. Sources close to Texas air however have maintained that the extra aircraft had been part of the Deal All along and that Trump was essentially paying what he had offered originally. Citing a deterioration in the value of inc shuttle caused by the strike. Trump last week sought to reduce inc Sale Price by about one third. Eastern countered by saying it would seek other buyers for the shuttle which Flics from new York to Washington and Boston. Shuttle ridership has been Down substantially since the strike by machinists and pilots that began March 4. The airline has continued to operate the shuttle with non strik ing pilots but the competing shuttle run by pan american world airways has taken away Many of its passengers. Trump said he had a major advantage in closing on the shuttle Deal because he began his efforts six months ago and now has All the major permits from the of Cdr a aviation administration. We can close on the Deal two weeks after the bankruptcy court gives its approval he said. By obtaining the extra four air planes which he Esti mated were Worth about j30 million tramp said he could Speed up the process of refurbishing the existing 17 mostly older aircraft and transform the shuttle More quickly into his own concept. The planes will be magnificent and the service will be the very Best he added. It was unclear How inc shuttle agreement might affect the two offers to Purchase  Are now before the Texas a in Board of directors. A source close to the Deal being offered by Peter Ueberroth the departing baseball commissioner said thai that offer which was topped by Jay Prinz scr the Chicago financier would not be affected. The Ueberroth offer provides thai the proceeds of the shuttle be retained by Eastern s purchaser. The details of Pritzkur s offer were not known an thus it was Uncertain How Trump s Purchase of the shuttle might Albect that Deal. Texas air executives however have maintained thai the capital raised by the shuttle Sale of about 1310 million would be crucial to any bankruptcy reorganization plan that had As its goal the rebuilding of a smaller Elle Eastern. Bush Rafes some predecessors with special Praise for Reagan Washington up president Bush gave an Impromptu assessment of some of his predecessors Friday calling Teddy Roosevelt a Man of some action Dwight Eisenhower a hero and Harry Truman a Man who spoke his mind. Bui he delivered his biggest tribute to Ronald Reagan describing his former Boss As an uncomplaining Leader who stood by certain principles and who left office with most people saying hey Wail a minute he did a Good  a reflective Bush made the comments at a lunch con with so out of town reporters when asked by one journalist to name his two favorite great presi  i d make a Point that everybody looks belter Over Lime Bush said drawing laughter. Even Herbert Hoover said Bush but he quickly added that this much maligned president was not his Model. A Model would be Teddy Roosevelt. He comes out of inc same elitist background that i do Bush said and he had the same commitment to the environment that i do. He was a Man of some  Bush said he has great respect for Eisenhower. He was a hero who led Allied forces during world War ii and who brought to the presidency a certain  standing in the Easl room before a painting of Abraham Lincoln Bush said i think  americans put Lincoln on thai list of great presi dents some place asked if in arc were any democrats on his list Bush said Well i respect things about Harry tru Man. He was Lough and said what he thought Bush said he had differences with Lyndon John son who got caught up in the Vietnam War but saluted him for getting a landmark legislative pack  included the 1964 civil rights act through Congress. Lei me just end with one that i Learned n great Deal from Ronald Reagan Bush said. I never once in eight years no Mailer How difficult the problem heard him Appeal to me or to others around him for understand ing about the toughest loneliest Job in the  he said Ronald Reagan came in stood on cer Tain principles stayed with them and never asked for sympathy., and left office with 61 percent of the people saying hey Wail a minute he did a Good Job " Sands of time in the stars and stripes 40 years ago foday ,. April 2, 1949 the soviet Union accused the Western allies of creating the North Atlantic treaty organization As an aggression pact aimed us the soviet Union and Eastern Europe. 30 years ago foday. April 2, 1959 marking the 20th anniversary of the end  Spanish civil War Francisco Franco dedicated a Monument in Madrid honouring those who died. 20 years ago foday. April 2, 1969 Secretary of defense Mclvin Laird announced plans to reduce the number b-52 raids against North Vietnam and trim the use of sever Al ships in the Vietnam War in order to Cut military spending. J 0 years ago foday. April 2, 1979 president Carter accompanied by his wife Rosalyn visited the control room of inc crippled nuclear reactor at three mile Island and " assured the people of he Region that everything possible was being done to Cope with the troubled Power Plant. 5 people killed As plane crashes into Tennis court by inc los Angeles times Newport Beach Calif. A private plane crashed into a Tennis court at inc posh Newport Beach Tennis club Friday morning and exploded in a huge fireball killing five people aboard and narrowly miss ing a Tennis instructor and two slide nos. The plane a twin engine Piper Acostar from Canada Hod just taken off from John Wayne Airport in nearby Irvine and was Irving to return. The Pilot Wasin Contact Wilh air traffic controllers at the Lime. George rubella the Airport manager said it appeared the plane had lost Power. Witnesses said that the plane was in a Steep dive toward the Tennis club in this affluent Seaside Community 30 Miles Southeast of downtown los Angeles. The plane then nosed straight Down in an apparent attempt to miss the clubhouse which at that time contained an estimated 125 people. The plane hit with such Force that Only a propeller cast to the Side remained easily recognizable As part of an air plane. No one on the ground was injured authorities did not immediately identify the dead they said the plane was company owned and was based in Camrose Alberta. The flight plan showed it was headed for Pocatello Idaho carrying two Adulis and three children Alt members of one family. Airport officials said the plane had been serviced at the Airport before taking